EURUSDPreliminary weekly analysis. Neutral until confirmation …However, I'm looking for a short opportunity
FXI
FXI chinese shares under threat of delisting in headlines, bad bad bad sign for investors if shares keep being threatened for delisting. confidence will be shooketh.
FXI with less noiseI manually threw alot of the major holdings of FXI on the chart and weighted them together. Posting to track it
#FXI $FXI China Large Cap #ETF . 100 EMA strong support #FXI $FXI China Large Cap #ETFs . 50 EMA strong support Watching.
Potential bounce? As FXI enters back into its previous range this could be setting up for a continuation to new highs. The previous range was over 4 months and this is the first retest so barring a downtown in global markets the index should at minimum see a bounce
FXI Head and Shoulders bearish patternHead and Shoulders bearish pattern on daily, below the neckline would be confirmation ($41). The november put/call ratio is 2.75! The fib retracement is at the .50 fib level. Keep on eye on this breaking lower . Good Luck!
Double top on the Shanghai Composite Looks dangerous... breakdown below 3350 is spelling trouble in uppercase.
MACD is not committed but has downside bias.
Watch 3350 and then 3300 levels.
breakout backtestnice setup here long. watching for some upward movement. maybe some september calls. china is a communist regime with slavery, but price is going up so i must be long $FXI
FXI LONGTERM WAVEnow perform the w-x-y wave
the y wave have complete the b wave
now perhaps perform the c wave
target see the upper line and the 100% w wave
